BIS Sets New Regulations for Banks Holding Crypto Assets
A recent report from the Bank for International Settlements (BIS) reveals its cautious stance on Bitcoin (BTC) and other cryptocurrencies.
The Basel Committee on Banking Supervision (BCBS) of the BIS has outlined new rules for banks dealing with Group 2 crypto assets, including Bitcoin, Ethereum (ETH), and XRP. These new regulations reflect the high-risk nature of these assets due to their volatility.
Under the upcoming rules, which will take effect on January 1, 2026, banks will be restricted to a maximum exposure of 1% of their Tier 1 capital to Tier 2 assets. This measure is intended to mitigate risks associated with the unpredictable nature of the crypto market.
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Starting in 2026, banks will also need to provide detailed reports on their cryptocurrency activities, including both qualitative and quantitative aspects, to ensure financial stability.
The guidelines also address stablecoins, with favorable regulatory treatment for those issued by regulated entities, like JPMorgan’s JPMCoin. In contrast, stablecoins from permissionless blockchains, such as Tether’s USDT and Circle’s USDC, are expected to face stricter oversight.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
